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Asia-Pacific - Meat - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Meat Market Overview 2021

Meat Market Size in Asia-Pacific

For the thirteenth year in a row, the Asia-Pacific meat market recorded growth in sales value, which increased by X% to $X in 2019. The total consumption indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is likely to see gradual growth in years to come.

Meat Production in Asia-Pacific

In value terms, meat production expanded significantly to $X in 2019 estimated in export prices. Overall, production continues to indicate strong growth. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

China (X tonnes) remains the largest meat producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, Viet Nam (X tonnes), more than tenfold. India (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China stood at +X%. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and India (+X% per year).

The average meat yield amounted to X kg per head in 2019, approximately mirroring 2018. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the yield increased by X% y-o-y. Over the period under review, the meat yield attained the peak level in 2019 and is expected to retain growth in the near future.

In 2019, approx. X heads of animals slaughtered for meat production in Asia-Pacific; increasing by X% against the previous year's figure. In general, the number of producing animals showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. The level of producing animals peaked at X heads in 2015; however, from 2016 to 2019, producing animals remained at a lower figure.

Production By Country in Asia-Pacific

China (X tonnes) constituted the country with the largest volume of meat production, comprising approx. X% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, Viet Nam (X tonnes), more than tenfold. The third position in this ranking was occupied by India (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Viet Nam (+X% per year) and India (+X% per year).

Meat Exports

Exports in Asia-Pacific

Meat exports expanded rapidly to X tonnes in 2019, growing by X% compared with 2018. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2014; however, from 2015 to 2019, exports remained at a lower figure.

In value terms, meat exports expanded markedly to $X in 2019. Total exports indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are likely to see steady growth in years to come.

Exports by Country

In 2019, Australia (X tonnes) represented the largest exporter of meat, creating X% of total exports. India (X tonnes) ranks second in terms of the total exports with a X% share, followed by New Zealand (X%). The following exporters - Hong Kong SAR (X tonnes), Pakistan (X tonnes) and China (X tonnes) - each amounted to a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by India, while exports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest meat supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by India, with a X% share.

In Australia, meat exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (+X% per year) and India (+X% per year).

Export Prices by Country

In 2019, the meat export price in Asia-Pacific amounted to $X per tonne, approximately equating the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the export price increased by X% against the previous year. The level of export peaked in 2019 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was New Zealand ($X per tonne), while India ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Meat Imports

Imports in Asia-Pacific

After six years of growth, supplies from abroad of meat decreased by -X% to X tonnes in 2019. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2018, and then fell modestly in the following year.

In value terms, meat imports contracted to $X in 2019. Over the period under review, imports, however, saw prominent growth. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. The level of import peaked at $X in 2018, and then reduced slightly in the following year.

Imports by Country

In 2019, China (X tonnes), distantly followed by Japan (X tonnes), South Korea (X tonnes), Hong Kong SAR (X tonnes) and Viet Nam (X tonnes) were the largest importers of meat, together making up X% of total imports. The following importers - Taiwan (Chinese) (X tonnes), the Philippines (X tonnes) and Indonesia (X tonnes) - each amounted to an X% share of total imports.

From 2007 to 2019, the biggest increases were in China, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest meat importing markets in Asia-Pacific were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports.

In terms of the main importing countries, China recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the meat import price in Asia-Pacific amounted to $X per tonne, stabilizing at the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 when the import price increased by X% y-o-y. Over the period under review, import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($X per tonne), while the Philippines ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for meat in Asia-Pacific?
+
China (71M tonnes) constituted the country with the largest volume of meat consumption, accounting for 70% of total volume. Moreover, meat consumption in China exceeded the figures recorded by the second-largest consumer, Viet Nam (5M tonnes), more than tenfold. The third position in this ranking was occupied by Japan (3.5M tonnes), with a 3.5% share.
What are the largest producers of meat in Asia-Pacific?
+
China (68M tonnes) remains the largest meat producing country in Asia-Pacific, accounting for 70% of total volume. Moreover, meat production in China exceeded the figures recorded by the second-largest producer, Viet Nam (4.4M tonnes), more than tenfold. India (3.8M tonnes) ranked third in terms of total production with a 4% share.
What are the leading suppliers of meat in Asia-Pacific?
+
In value terms, Australia ($10.7B) remains the largest meat supplier in Asia-Pacific, comprising 52% of total exports. The second position in the ranking was occupied by New Zealand ($5.1B), with a 25% share of total exports. It was followed by India, with a 16% share.
What are the leading importers of meat in Asia-Pacific?
+
In value terms, China ($8.7B), Japan ($8.6B) and South Korea ($4.6B) were the countries with the highest levels of imports in 2019, with a combined 71% share of total imports.
What is the average export price for meat in Asia-Pacific?
+
The meat export price in Asia-Pacific stood at $4,906 per tonne in 2019, remaining constant against the previous year.
What is the average import price for meat in Asia-Pacific?
+
The meat import price in Asia-Pacific stood at $3,889 per tonne in 2019, standing approx. at the previous year.

Product coverage:
• FCL 1108 - Meat of asses
• FCL 947 - Buffalo meat
• FCL 1127 - Meat of camels
• FCL 867 - Meat of cattle
• FCL 870 - Meat of cattle, boneless
• FCL 1017 - Goat meat
• FCL 1097 - Horse meat
• FCL 1111 - Meat of mules
• FCL 1158 - Meat of other domestic camelids
• FCL 1151 - Meat of other domestic rodents
• FCL 1035 - Pig meat
• FCL 1141 - Rabbit meat
• FCL 977 - Meat of sheep

This report provides an in-depth analysis of the meat market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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